Answer:
Imitative new entry
Explanation:
This is called imitative new entry. There are business imitators who are interested in capitalizing on existing and proven success in the business venture they want to enter.
It is used by entrepreneurs who have seen business success in a particular business line and then they go ahead to introduce the same service or product in a different segment of the market. Entrepreneurs use this when they think are better equipped to do a job than the already existing competitor.
Seeking products or services that have been successful in one market and introducing the same basic product or service in another segment of the market is referred to as _____________ new entry
Efficiency is the ability to produce the result with minimal utilization of resources to get maximum benefits, while effectiveness is the ability to produce a better result.
<h3>
What is Efficiency?</h3>
Efficiency is the ability to work with the least usage of resources in the best possible manner, which means with the minimum usage of resources we get maximum benefits.
Thus, efficiency is the ability to produce the intended result in the best possible manner with the least waste of resources, time, and effort, while effectiveness is the ability to produce the best result that delivers more value or achieves a better outcome.
Learn more about Efficiency here:
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Answer:
I used an excel spreadsheet to calculate this:
the least squares regression line:
y = a + bx
y = $2,937 + 3.96x
where y = total cash wash costs and x = rental returns
fixed costs = $2,937 per month
variable cost = $3.96 per car washed
<span>The stickiness of a web site is its ability to keep visitors at the site and attract repeat visitors. When a web site has stickiness and can keep attracting new visitors it is likely that more sales are being generated due to more repeat visits. Web sites continue to improve how they look and the interactiveness for consumers so that they want to look around on their webpage. </span>
habituation; "the diminishing of a physiological or emotional response to a frequently repeated stimulus."
